Thursday, May 15, 2008
I must admit I was mildly bemused when I heard that the Governor of the Bank of England, Mervyn King (that picture might be slightly out of date), was declaring that 'the nice decade is over'. Did I miss something? What was nice about it? It seemed pretty nasty to me. Maybe he meant all the money and pretend money swishing around, the crazy mortgage deals and loans - but no such thing. Mervyn is un homme serieux, and here's the explanation. That's one worrying graph too... Oddly, the same acronym applies to that strange body that decides whether the NHS should be allowed to dole out new drugs. Niceness is everywhere. How nice.
Posted by Nige at 9:26 am